Gold Road Resources Limited (ASX: GOR), a gold production and exploration company, has issued a production update in response to significant rainfall affecting operations at the Gruyere gold mine — located in Western Australia's north-eastern Goldfields. The Gruyere gold mine is a joint venture (JV) between Gold Road Resources and Gold Fields (JSE: GFI), with each holding a 50 per cent interest. Gold Fields manages and operates the mine, while Gold Road Resources maintains a significant investment portfolio. Following substantial and prolonged rainfall in early March, the region experienced further significant and atypical rainfall in the second half of the…
Litchfield Minerals Limited (ASX: LMS), a critical mineral explorer, has discovered new copper-tungsten targets at its Wolfram Hill Prospect within the Mount Doreen Exploration Licence (EL 31305) in the Northern Territory. This discovery, resulting from comprehensive Induced Polarisation (IP) surveys conducted in March 2024, marks a major milestone in the exploration of this site. The recent IP survey has identified two large and highly promising chargeability targets located to the north and south of the existing mineralised zones. These findings suggest the potential for substantial extensions of the known mineralised reef at depth and along the strike to both the…
Intra Energy Corporation Limited (ASX: IEC) has announced the discovery of significant lithium anomalies at its Maggie Hays Hill (MHH) project in Western Australia's Lake Johnston Greenstone Belt. This discovery places the company at the forefront of lithium exploration, with the potential to impact the global lithium supply chain. A recent soil sampling program revealed two major lithium anomalies, with the primary anomaly stretching over 2,500 metres in length and 300 metres in width. The secondary anomaly measures 1,300 metres by 300 metres. These anomalies are notable for their high lithium values, reaching up to 248ppm Li2O, and are associated with tantalum and caesium, elements indicative of highly prospective…
Ora Gold Limited (ASX: OAU) has announced promising initial assay results from its 2024 RC drilling program at the Crown Prince Prospect within the Garden Gully Gold Project in Western Australia. The results, particularly from the Southeastern Zone (SEZ), highlight significant high-grade gold mineralisation, marking a significant step forward in the exploration of this key growth area. The drilling campaign, initiated in early February 2024, has yielded encouraging results, including an exceptional intercept from drill hole OGGRC662 — 15 metres at 9.91g/t Au from 88 metres, with a higher-grade section of two metres at 54.17g/t Au from 100 metres. Other…
St George Mining Limited (ASX:SGQ) has announced significant developments in its exploration efforts at the Myuna Rocks Project in Western Australia's Ravensthorpe region. The project, owned by Lithium Star Pty Ltd (a joint venture between St George Mining and Amperex Technology Limited), has seen its tenure double in scale, now spanning 546 square kilometres. The newly granted Exploration Licences E74/789 and E74/790 have expanded the project's area, with the land package extending over 50 kilometres north-west along a regional greenstone corridor, starting just five kilometres north of the Mt Cattlin Lithium Mine. This corridor hosts active explorers such as Fortescue,…
The Australian government has recently announced a significant investment of up to $840 million in the Arafura rare earths project and a $230 million loan for Liontown Resources. These investments are part of the government's efforts to boost critical minerals projects and strengthen Australia's position in ethical and sustainable manufacturing of rare earths. The investment in the Arafura rare earths project aims to support the development of the Nolans Project, a rare earth mine located north of Alice Springs. The funding package includes $495 million from the Critical Minerals Facility, $200 million from the Northern Australia Infrastructure Facility (NAIF), $115…
It’s possible that a domestically-listed gold explorer, which boasts a not-too-shabby evolving flagship project in Western Australia’s Wheatbelt, may be looking to lithium to help boost its languishing market valuation. No doubt the WA-based junior is also hoping that a farm-in agreement it made back in 2022 with a fellow exploration house will garner some much-needed shareholder interest sometime in the future. When Austgold Ltd (ASX: AUC) presented at Vertical Events’ RIU Explorers Conference in February last year, its share price was around the 0.05 cents mark, giving it a market capitalisation of $105 million. By the same time this…
ASX-listed company, Hawkstone Mining Limited has announced that drilling at the Lone Pine Gold Project in Idaho, USA has confirmed the ‘high-grade and excellent geological continuity’ of the Lone Pine quartz vein zone. The latest results include: 93 grams per tonne (g/t) of gold (Au) over 1.91 metres (m), 19.6 g/t Au over 0.45m including 29.7 g/t Au over 0.82m; and 39 g/t Au over 0.86m including 16.95 g/t Au over 0.52m. These results complement earlier drilling results [1] returned from the Lone Pine quartz vein including: 02 g/t Au over 1.22 in drill hole LPDD01 from 38.43 to 39.7m…
USA-focused gold and lithium explorer, Hawkstone Mining Limited has appointed Hazen Research Inc to perform metallurgical test-work on the lithium-mineralised sedimentary material from the Big Sandy Lithium Project, with the goal of producing battery-grade 99 per cent lithium carbonate (Li2CO3). The environmentally-compliant hydrometallurgical process that Hazen will evaluate involves sulphuric acid leaching, purification and production of 99.8 per cent Li2CO3 for lithium-ion batteries used in electric vehicles and generation-scale storage to back up renewable energy production. Initial outcomes are expected to be available within two to three months. Hawkstone notes that Joe Biden has a 'Plan for a Clean Energy…
UK-based exploration and development company, Adriatic Metals PLC has received an Urban Planning Permit for its Veovaca project area (Open Pit, Plant and Tailings areas) from the Federal Ministry of Spatial Planning. Adriatic is focused on the development of its 100 per cent owned Vareš high-grade silver project, located in Bosnia and Herzegovina. The project comprises two high-grade polymetallic deposits, located at Rupice and Veovaca. According to the company, the application process for the Urban Planning Permit involved seeking and receiving positive opinions on the project from all significant government stakeholders (forestry, water, zoning, cantonal ministries, cadastral and all neighbouring…
Australian Strategic Materials (ASM) has confirmed the commercial scalability of its metallisation process with the production of 120kg of titanium copper alloy (99.5 per cent purity) at its facility in Korea. ASM’s Ziron Tech team produced two 60kg runs of the titanium copper alloy at a rate equivalent to approximately 1,000kg per day. This result is well above the targeted 250kg per day production rate, outlined in the agreement between ASM and Dongkuk Refractories and Steel Co Ltd (DK R&S), announced on 2 November 2020. ASM detailed that the key to the successful demonstration of the commercial scalability was due…
A selection of the finest rough diamonds from Rio Tinto’s Australian and Canadian mines will be tendered to diamond specialists from around the world in October and November. Headlining Rio Tinto’s forthcoming ‘Specials’ Tender, which showcases rough diamonds greater than 10.8 carats, is Lot number 1, Diavik Helios, a 74.48-carat Fancy yellow diamond. The Diavik Helios takes its name from the pure yellow sunlight emitted by the mythical Greek God of the Sun. Fancy yellow diamonds are rare finds from the Diavik diamond mine in the remote Northwest Territories of Canada which primarily produces high-quality white diamonds. Patrick Coppens, General Manager,…
Pan Asia Metals Limited (PAM) has held positive discussions with the Phang Nga Provincial Government regarding its exploration, mining and mineral processing aspirations in Thailand. PAM was recently invited by the Chief Executive Offer of the Phang Nga Provincial Administrative Organisation (PAO), a Phang Nga Provincial Government coordinating body, to present the Reung Kiet Lithium Projec, located approximately 70 kilometres northeast of Phuket in the Phang Nga Province in southern Thailand. In brief, the PAO wants to ensure that the requirements of the project are incorporated into the Phang Nga New Town Planning Committee’s zoning plans to ensure it can…
Eagle Mountain Limited intends to develop a low-cost mining operation which means increasing the resource base both within its 80 per cent owned Oracle Ridge Mine Project in Arizona, USA and in the near-mine vicinity. Diamond drilling commenced at Oracle Ridge in early September and was designed primarily to target extensions of the high-grade portions of the existing Mineral Resource Estimate (MRE). Five of the six drill holes completed intersected skarn-hosted copper mineralisation. Additionally, mineralisation has been encountered in the Leatherwood granite, which opens up the prospectivity of this rock unit. Samples have been submitted to the laboratory and assay…
